School bond and tax votes

Nebraska mandates ballot questions for three different types of school finance issues. Elections are mandated for exceeding the Maximum Levy Cap, the growth rate, and issuing new bonding. Nebraska is one of few states that use a growth rate or revenue cap to limit the amount of revenue school districts can bring in from assessing property taxes. The growth rate is 4.5% which includes a base limit of 1.5% and an additional 3% the district can go over. Nebraska has a maximum levy limit law, but similar to North Dakota and West Virginia they have different levy caps for different classes of property. Nebraska allows school districts to issue new bonding for new construction and capital improvements. All bond issues in Nebraska must have voter approval too.